Monday, 30 November 2015
Last updated 2 days ago
Jan 26 2007 | 2:19pm ET
RREEF Alternative Investments, the alternative investments business of Deutsche Bank’s Asset Management division, has signed a definitive agreement to acquire a minority stake in Aldus Equity, private equity fund of funds shop. The two firms intend to develop private equity fund of funds for institutional and high net worth investors.
Deutsche Bank’s Asset Management division recently consolidated its alternative investments platform under RREEF Alternative Investments, which now consists of four businesses: Real Estate, Infrastructure, Absolute Return Strategies and Private Equity. In addition to fund of funds, RREEF Private Equity will include a secondary funds business. Aldus will continue to be managed by its existing principals.
“This partnership enables us to offer our clients more comprehensive alternative investment options while also capitalizing on Aldus’ private equity experience and successful relationships with public pension funds,” stated Charles Leitner, global head of RREEF Alternative Investments.
Aldus Equity manages dedicated fund of funds that invest directly in private equity funds, as well as co-investment funds that invest alongside private equity funds. The firm manages currently manages over $3 billion in assets.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…